Software giant Microsoft Corp. (MSFT), Tuesday reported a profit for the first quarter that trumped analysts' estimates, as CEO Satya Nadella's strategy seems to be working reflected by strong growth in cloud business. Microsoft stock spiked up over 5 percent in after hours trading.
After moving higher over the course of the two previous sessions, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent much of the day bouncing back and forth across the unchanged line.
Republican nominee Donald Trump has faced considerable criticism from both sides of the aisle for refusing to commit to accepting the results of the upcoming election during the final presidential debate. Trump seemed to make light of the controversy at a rally in Delaware, Ohio, on Thursday, suggesting to supporters he will accept the results as long as he is victorious.
Mortgage rates rose to the highest point in four months, however, it is still near the record lows.
The mortgage rates that took a tumble after Britain voted to exit from the European Union, has started to rebound and is now near to the pre-Brexit levels.
Releasing the results of its primary mortgage...
Potentially reflecting concerns Donald Trump's recent drop in the polls could hurt candidates down the ballot, House Republican leaders have reportedly urged their colleagues to pitch in to help the GOP maintain control of Congress. The GOP leaders asked their colleagues that represent safe districts to give money to their fellow Republicans facing tighter re-election races.
Financial services company Ally Financial has launched a promotional campaign across the US to "demonstrate the importance of valuing every cent." The company has hidden some 100 special pennies across major cities, and who ever finds it will receive a $1,000 cash.
The special pennies are slightly...
A majority of likely voters agree with Republican presidential nominee Donald Trump's claim that the news media is biased against him, according to the results of a Quinnipiac University poll. Fifty-five percent of likely voters think the media is biased against Trump, while 42 percent disagreed.
World wine output are expected to drop 5.3 percent in 2016, as rain has spoiled grape production in South America and France.
Trade group the International Organization of Vine and Wine (OIV), predicts the global output of wine to fall to 259 millions of hectoliters (mhl), a decrease of 5 percent...
Nissan Motor Co. Thursday said it completed a deal to acquire a controlling stake in Mitsubishi Motors Corp. for $2.3 billion. Nissan CEO Carlos Ghosn will take over as chairman of the beleaguered automaker to turn around the company that was recently marred with a mileage cheating scandal.
After experiencing some volatility early in the session, stocks are seeing modest weakness in mid-day trading on Thursday. The pullback on the day comes after the major averages closed higher over the two previous sessions.
In order to make Facebook more user-friendly, the social media giant introduced a few attractive new features. Recommendation tool, call-to-action buttons, and new section pages are expected to attract more users in a world where there are more mobiles than human beings.
Stocks have come under pressure over the course of morning trading on Thursday after initially showing some volatility. The major averages have pulled back firmly into negative territory after closing high in the two previous sessions.
European Central Bank President Mario Draghi ruled out any discussion of 'tapering' among policymakers in the latest rate-setting session, but added that it was unlikely that asset purchases would have an abrupt end, signaling that they may be extended beyond March 2017.
Donald Trump once again claimed he won the third and final U.S. presidential debate held at the University of Nevada, Las Vegas on Wednesday.
"Just landed in Ohio. Thank you America- I am honored to win the final debate for our MOVEMENT. It is time to #DrainTheSwamp & #MAGA!," the Republican nominee...
After reporting an unexpected drop in its reading on leading U.S. economic indicators in the previous month, the Conference Board released a report on Thursday showing that its leading economic indicators index rose in line with estimates in September.